1099-Q Data

[bobmcleod21]

Turbotax 2025 does not handle the entry of 1099-Q data properly.  Funds that are used for approved educational expenses in accordance with the 529 program should not show up as taxable income on Form 1040, line 8;  yet they do!

[DavidD66]

Cam you clarify your situation?  Is the beneficiary of the 529 Plan you (or your spouse), a dependent on your tax return, or a non-dependent?

[bobmcleod21]

Beneficiaries of 529 funds were grandchildren (4). They were not dependents. All proceeds were used for approved education expenses.

thank you,

Robert McLeod